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Pan African agrees to 11% wage hikes

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Pan African Resources has concluded negotiations with the National Union of Mineworkers on wages and other conditions of employment.

Namibia’s mining body warns over new tax

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Namibia's Chamber of Mines wants the government to reconsider plans to impose a further 17% tax on exploration and mining firms.

CRG reports progress on draining mines

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Central Rand Gold has reported progress on its proposed plan to stop and partially treat acid mine drainage at its operations in the Central Rand Basin.

Hawks raid DMR, ICT over Sishen

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The Hawks have raided offices of the DMR and Imperial Crown Trading as part of an investigation into the decision to award ICT a 21.4% prospecting right over Sishen mine.

Wage talks for coal sector set to resume

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Talks to end the coal sector strike were set to resume on Thursday, says the National Union of Mineworkers.

Optimum preps R800m capital raiser

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Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.

De Beers boasts record sales figures

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De Beers has recorded its highest interim sales figures to date, buoyed by strong retail demand from the Indian and Chinese consumer markets.

Merafe’s ferrochrome ouput lower

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Merafe Resources, the country's largest ferrochrome producer, says first-half production has fallen 4% to 150,000 tonnes due to furnace refurbishments.

African Barrick income, production increase

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African Barrick Gold says net income has risen 21% in the first half, boosted by higher gold sales and prices, with production in line with its expectations.

Xstrata posts flat copper, coal production

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Xstrata has posted a 6% increase in copper output during the second quarter, as volumes in Chile and from its Australian operations helped offset lower grades.